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Jan 24, 2013
01/13
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the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the wars? or do you think maybe we could insure maybe another 30 million people? do the math. that would pay for about half of obama care. that would really make the righties happy. think about it. why is it number one, wall street doesn't get prosecuted. number two, they get off scot-free on these transactions. this is an easy thing, and nobody is going to feel it. everything is going to be fine. joining me tonight, david cay johnston, pulitzer prize winning journalist and author of "the fine print." david cay, grit to have you with us. >> good to be here. >> explain what a high-speed trade is for thos
the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the...
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Feb 1, 2013
02/13
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. >> the whole issue of the uncertainty and people don't know if the taxes increase that's smoke and mirrors of wall street? >> convenient excuse. they're not spending money because they just haven't believed to make money spending it. >> the purpose of business is not to create jobs. it is to create profits and the line we had last year in the debate in the election was just a farce. if you can make money in your bottom line every quarter and not have to hire as many people, why would you hire more people? >> right. >> because they realize they can make more with less so the idea the corporations get more money and reduce taxes, hire people is not connected with reality. it is not the way business operates. >> buy a robot instead of hire ten people which is exactly what companies do. >> plenty of companies have done th that. thank you very much. >>> we have new information on the embassy attack on turkey. at least two people are dead. several injured. we have the latest on what the white house calling an act of terror. >>> and after being criticized by religious groups, for the cont
. >> the whole issue of the uncertainty and people don't know if the taxes increase that's smoke and mirrors of wall street? >> convenient excuse. they're not spending money because they just haven't believed to make money spending it. >> the purpose of business is not to create jobs. it is to create profits and the line we had last year in the debate in the election was just a farce. if you can make money in your bottom line every quarter and not have to hire as many people,...
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Jan 24, 2013
01/13
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criminals don't pay income taxes either, does that mean nra members should not pay income taxes because criminals don't? crazy wayne doesn't realize the more he compares the nra members to criminals, the more clear it becomes that he actually is washington's chief lobbyist for criminals. and his manipulation of justice hugo black's quote last night, in his speech, to try to make it appear that justice black agreed with wayne lapierre, in any way, that was a crime against history. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. so will bounty select-a-size. it's the smaller powerful sheet. look! one select-a-size sheet of bounty is 50% more absorbent than a full size sheet of the leading ordinary brand. use less, with bounty select-a-size. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adj
criminals don't pay income taxes either, does that mean nra members should not pay income taxes because criminals don't? crazy wayne doesn't realize the more he compares the nra members to criminals, the more clear it becomes that he actually is washington's chief lobbyist for criminals. and his manipulation of justice hugo black's quote last night, in his speech, to try to make it appear that justice black agreed with wayne lapierre, in any way, that was a crime against history. hey! did you...
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Feb 1, 2013
02/13
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to go back and talk about raising taxes again. you can't constantly be talking about higher taxes, more regulation, higher utility bills and expect the kind of job growth you'd like to see. >> the other thing the contraction of government is certainly having an impact, too. >> well, it is having, and the president should have worked harder to take care of that, as we all should have, in november and december. uncertainty is probably even a greater problem than contraction. if we knew what the government spending was going to be with some certainty, that would be better than this constant not knowing, we're on the 60-day clock and then we're on the 90-day clock we need to get on a four- and five-year clock and that's why budget and appropriations bills will make a difference, chuck. >> you've been straightforward on where you stand on hagel and all these votes. how about the universal background checks on guns? i know in an interview a couple weeks ago you seemed to indicate you could support the universal background bill that chuc
to go back and talk about raising taxes again. you can't constantly be talking about higher taxes, more regulation, higher utility bills and expect the kind of job growth you'd like to see. >> the other thing the contraction of government is certainly having an impact, too. >> well, it is having, and the president should have worked harder to take care of that, as we all should have, in november and december. uncertainty is probably even a greater problem than contraction. if we...
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Jan 24, 2013
01/13
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on aid to the poor, 59%, on tax levels for millionaires and big corporation, 59%. women's issue, 55%. immigration, 55%. i mean, these are high numbers of people feeling the gop is out of touch on these issues. >> yeah, i mean, reverend al, the shocking thing is, as you just laid out, the support for democratic policies is even h h higher than support for democratic politicians. the president won a decisive victory, but the support for the issues and policies is going to push is even higher. so the republicans are delusional to be saying that the issue is just a matter of reaching out or modernizing technology and that their principles are sound. it's their principles and policies that were rejected by the voters and that continues. and you're right, too, to point to that symbolism of that awful chair. i mean, that was the worst moment of a terrible convention. >> in the chair of the gop's office. what could you be thinking about? >> right, a cranky old man lecturing our first african american president in prime time in tampa helped take the party down. but while mr
on aid to the poor, 59%, on tax levels for millionaires and big corporation, 59%. women's issue, 55%. immigration, 55%. i mean, these are high numbers of people feeling the gop is out of touch on these issues. >> yeah, i mean, reverend al, the shocking thing is, as you just laid out, the support for democratic policies is even h h higher than support for democratic politicians. the president won a decisive victory, but the support for the issues and policies is going to push is even...
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Jan 24, 2013
01/13
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modern-day republicans, which is to say neanderthal republicans, who will under no circumstances raise taxes or include spending on anything, except of course, when they increase spending on things that they like. crazy wayne quoted only one person to support his defense of absolutism. a supreme court justice. no, not anton scalia, the most conservative member of the court, because justice scalia disagrees with lapierre on the second amendment. he does not believe that the right to bear arms is absolute. >> what limitations on the right to keep and bear arms are permissible. some are, because there were some that were acknowledged at the time. >> no, there is nothing any current member of the supreme court has said that could help crazy wayne make his case last night. and so he reached all the way back to a supreme court justice who died 41 years ago, and was a liberal member of the supreme court, who if he were alive today would be a solid vote for gun control on the supreme court. >> don't take it from me, take it from former democratic u.s. senator, and u.s. supreme court justice hugo bla
modern-day republicans, which is to say neanderthal republicans, who will under no circumstances raise taxes or include spending on anything, except of course, when they increase spending on things that they like. crazy wayne quoted only one person to support his defense of absolutism. a supreme court justice. no, not anton scalia, the most conservative member of the court, because justice scalia disagrees with lapierre on the second amendment. he does not believe that the right to bear arms is...
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Jan 24, 2013
01/13
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the president stood up for tax fairness and people voted for him. he's standing up to protect social security and medicare. people want to do that. there will be some changes but not fundamental ones. on climate change 80% of the people in the ap poll agree with the president it's a real problem and we have to deal with it. the majority of the country is with him on gay marriage, with him on issues like inaugural reform. barack obama didn't just speak to america, he was speaking for america no matter how much that pains republicans to hear. they're out of step and out of the mainstream. >> is it a deliberate effort -- here is conservative rich lauri from the national review. he writes in politico that the real president obama is now revealing himself. by the way, i'm with that thought. i think it was real obama, not covered up politics, the real thing on monday. he wrots, obama settled one and for all the debate over the place on the political spectrum and his political designs. he's an unabashed liberal determined to shift our politics and our coun
the president stood up for tax fairness and people voted for him. he's standing up to protect social security and medicare. people want to do that. there will be some changes but not fundamental ones. on climate change 80% of the people in the ap poll agree with the president it's a real problem and we have to deal with it. the majority of the country is with him on gay marriage, with him on issues like inaugural reform. barack obama didn't just speak to america, he was speaking for america no...